Box

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Box

The actual physical location at a brokerage house or bank where securities or other documents are stored for safekeeping. Alternatively, a quotation machine or battery march. Also known as 'the cage.'

Box

The physical location where a brokerage keeps securities being held as collateral on loans. Boxes are used for collateral on margin accounts and other transactions. A box is also called an open box. See also: Free box.

box

The physical location in which brokerage firms and banks place securities for safekeeping. See also free box, open box.
References in periodicals archive ?
The department placed shredded paper at the bottom of the containers to absorb liquids poured into the boxes and to minimize the shock to any loaded firearm dropped inside.
In a similar way, add our address (4202 East Fowler, Tampa, Florida 12345-6789) and two label boxes with Sold To: and *** Invoice *** just below our company address (exhibit 11 for placement).